Opening a Channel worked now!

Thanks for that link. I have no idea how I could have missed it.

@JustAnOtherLoser - I have just tried opening a channel and I got an error that we already have one. Sorry for causing the confusion. I have never heard people complain about this.

As we agreed earlier, I am going to send you an invoice for around half of the total channel balance and refund you via an on-chain transaction. Please, send me your Bitcoin address either here or via PM.

If I were running LND instead of c-lightning, we would be able to have two channels. Apparentely, it is a c-lightning limitation. As for the inbound liquidity, that's why I am asking you to pay a Lightning invoice in exchange for an on-chain transaction. The moment you pay my invoice, half of the channel balance will be moved to my side. You will be able to receive that much (minus a negligible channel reserve) through me. In other words, you will gain some inbound capacity.

c-lightning is great if you are interested in features like dual-funding or funding multiple channels in a single transaction. LND is much better in terms of available services: ThunderHUB, Zap Wallet, Lightning Loop, Sphinx Chat and so on. I used both of them and so far I have been enjoying c-lightning more.


Exactly. The channel reserve is usually 1%-3% of the total channel capacity. In our channel, it is equal to 1200 satoshi so you can receive 58800 satoshi through me despite that you have paid me 60k satoshi.

I haven’t explored the website yet, but a this is a social network platform built on the Lightning Network called “Zion”, https://getzion.com/

I don’t know how it works or if it’s required that you run your own node, I hope it doesn’t have that requirement for low entry barrier for new users.

It should relay both transaction requests and encrypted messages; how else would you chat with the users and fund at the same time?

For the zion node? Yes, it'll become more consuming while more users enter the discussions. I guess that those $9 per month suffice the requirements for a usual community. (10-30 members)

I am not familiar with either Zion or Activity Pub, but I don't think the idea is stupid. Besides, there isn't just one internet browser, there are many different types. There isn't one document creating and editing software, there are multiple.

Zion claims that content creators can get paid for their creations and those who consume the content can get in on it as well. Compare that with traditional social media platforms, you get nothing unless you are a famous person with millions of followers. On the other hand, the platforms make money on your data and interests. 

You mean cryptocurrency? Bitcoin is surely not the only type of money that dominates.

And what does that mean? That they shouldn't? What does it matter if the majority chose Facebook? That I should too? I may prefer using Google+ or Instagram.

I am basing that solely on the info found on Zion's homepage. 

I am not sure what you consider long-term but there are different currencies and languages, and depending on where you are, it's you who need to adapt and not the other way around. You can try and shop with your dominant USD or EUR or whatever in a particular country and see how far that gets you. When I was doing some work in Germany a long time ago, I asked my boss if we can speak in English because I am fluent in English and still learning German. She said no! We speak German here. In other words, you can take your dominant English language and shove it. She just said it nicely.

So what? Since when is more competition not desirable? If I buy my groceries at shop #1, I should never enter shops #2 or #3 even if they have the same or better type of offers and should consider them stupid for trying?